yes,

recession has hit badly to pune companies, although the informatino is not made publically available. But i knew from some of my friends, i wont list down the name of companies.

some of my friends are fired from reputed companies. If you see the size of Pune Times Ascent, it has gone down drastically.

My own company has stopped recruiting, and you will hardly find companies recruiting now a days...

friends, my suggestion is to stick with your job, this is not the right time for job hoppers (Anyways i dont suggest anyone to change jobs frequently...)

Guys, time is tough... love your job and love your company..(atleast for this time :))

I agree to this...
Even my company has stopped recruting..
There were so many adv by monster and naukri.com earlier but now even they have reduced hence these sites have reduced the charges upto 50% for posting requirement advertisement.

hi,
yes recessation has hit pune companies.

Construction companies are saling flats at lesser price almost 10 to 20% less.

Call sales hit badly and there is discount on almost all car models.

hotel industry is also victime of recessation and more than 50% rooms are vacant in all the hotels.

hello,

even me in a reputed cmm level 5 mnc in pune.
Our company was the most secured 1 upto last week.
But this week lay off started and they are taking out on performance basis. Its a silent lay off they are doing.
Sticking to the companies is better idea.
But what abt those who r on bench and feeling insecurities in their same company??

Dipti

I also think so. And it has a great impact about the economy.

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Well recession has hitted almost all companies world wide. It badly effects the overall repo of any specific company. Anyhow you are dicussing quite good issues. Keep it up.
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